Steel Industry India
Tata Steel to Commission Rs 3,200 Crore Ludhiana Plant, Boosting Punjab’s Industrial Growth
Tata Steel will begin operations at its Rs 3,200 crore Ludhiana plant from March, strengthening Punjab’s industrial ecosystem and generating around 2,500 jobs.
India’s Steel Consumption Doubles to 152 MT, Capacity Targeted at 300 MT by 2031
India’s steel consumption has surged to 152 million tonnes in 2024-25, with capacity projected to reach 300 million tonnes by 2030-31, as the...
Govt Must Monitor Unfair Steel Imports to Protect Domestic Steel Market: Tata Steel CEO
Tata Steel CEO T V Narendran has urged the government to closely monitor unfairly priced steel imports, warning that unchecked inflows could disrupt...
Vizag Steel Plant Returns to Profit After Years of Financial Stress
Visakhapatnam Steel Plant has staged a strong turnaround, reporting a profit of Rs 54 crore in January 2026, backed by government support and...
Steel PSU capex to rise 44% in FY27 on improving demand outlook
Capital expenditure by steel public sector undertakings is set to rise sharply in FY27, led by SAIL and NMDC, as domestic demand improves...
India–Europe Free Trade Agreement Signals New Phase for Steel and Low-Carbon Growth
The India–EU Free Trade Agreement is expected to strengthen steel trade, expand economic engagement and accelerate cooperation in low-carbon steel, offering fresh momentum...
Steel producers brace for profit pressure as prices stay weak in December quarter
Indian steel producers are expected to report sequentially weaker profits in the December quarter as soft steel prices and higher input costs continue...
India Turns Net Exporter of Finished Steel in April–December, Exports Rise 33%
India emerged as a net exporter of finished steel during April to December of the current financial year, supported by higher shipments, policy...
Safeguard Duty on Steel Imports Gives Domestic Mills Pricing Leverage
India’s three-year safeguard duty on select steel imports is expected to curb cheap inflows, improve pricing power for domestic mills, and support margins...
Steel Prices Hit Five-Year Low in India in 2025 Amid Global Trade Pressures
Steel prices in India fell to a five-year low in 2025 despite strong domestic demand, as global trade barriers, excess Chinese supply and...
